Why is Magadh Sugar falling/rising?

As of 12-Nov, Magadh Sugar & Energy Ltd's stock price is currently at Rs 497.00, reflecting a decrease of Rs 14.35 or 2.81%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.19% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant increase in delivery volume by 258.01% against the 5-day average, the overall performance remains negative, with the stock down 8.64% over the past week and 15.06% over the past month.
Broader Market Context: In contrast to the stock's performance, the Sensex has shown positive movement, gaining 1.21% over the past week and 2.38% over the past month. This stark difference highlights the stock's struggle, as it has underperformed the benchmark significantly, with a year-to-date decline of 22.19% compared to the Sensex's increase of 8.10%. The liquidity of the stock remains adequate for trading, but the overall market sentiment appears to be unfavorable for Magadh Sugar, contributing to its recent price decline.